fair market value

Definition of fair market valuenext

Example Sentences

Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Recent Examples of fair market value But Caltrans had originally bought the land using federal funds, and regulations require that excess land bought with federal money be sold at fair market value. Hannah Elsmore, San Diego Union-Tribune, 20 Mar. 2026 The fair market value of Findraiser is between $100,001 and $1 million, according to campaign finance documents filed with the state this month. Dakota Smith, Los Angeles Times, 19 Mar. 2026 Jody Allen, as her brother’s executor and trustee, has a legal obligation to sell the team for as much money as possible, which requires careful timing and good business judgment when appraising the asset’s fair market value. Naomi Cahn, The Conversation, 27 Feb. 2026 They are entitled instead to the fair market value of the property being sold. Nina Totenberg, NPR, 25 Feb. 2026 See All Example Sentences for fair market value
Recent Examples of Synonyms for fair market value
Noun
  • After Sol the Trophy Tomato gained a following on social media, fans created a meme coin that now has a market value of $1 million and is funding DeVido’s effort to build out an autonomous farming system controlled by AI that could be used to grow food at scale.
    Rachyl Jones, semafor.com, 8 May 2026
  • Under Proposition 13, adopted in 1978, annual property tax hikes are limited and can’t be reassessed to market value unless the property is sold, meaning that private golf courses and other properties that rarely change hands benefit from relatively low property taxes.
    Melissa Gomez, Los Angeles Times, 8 May 2026
Noun
  • The high production values and frequent genre-hopping were inspired by the sketch-comedy duo Key and Peele, whom Barker grew up watching religiously.
    Alex Barasch, New Yorker, 11 May 2026
  • Winner may not substitute, assign or transfer Prize or redeem Prize for cash, but Sponsor reserves the right, at its sole discretion, to substitute Prize (or portion thereof) with one of comparable or greater value.
    AJC.com, AJC.com, 10 May 2026
Noun
  • Access to early education remains limited, waitlists are long, and costs continue to rise.
    Tina Dello Russo, Boston Herald, 10 May 2026
  • Travel to North Africa or the Middle East may require more planning, higher costs and longer journeys.
    Jamie Carter, Space.com, 10 May 2026

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Cite this Entry

“Fair market value.” Merriam-Webster.com Thesaurus, Merriam-Webster, https://www.merriam-webster.com/thesaurus/fair%20market%20value. Accessed 12 May. 2026.

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